View full sizeExpress-Times Photo | TIM WYNKOOPThe 80 Strykers Road site, seen here Wednesday, of the proposed Bank of America corporate technology center is across from the proposed location of a controversial asphalt plant in Lopatcong Township.

“The company is interested in developing a property south of Berry Plastics, at 80 Strykers Road,” Steinhardt said. “I have been in discussions with the Bank of America since August 2011.”

The North Carolina-based company hopes to build a 1 million-square-feet corporate tech center, representing a $1 billion investment in Lopatcong Township, Steinhardt said.

A Bank of America spokeswoman declined comment Thursday, saying she had no information on the proposed project.

Gov. Chris Christie's office did not return an email seeking comment on the proposal. Steinhardt thanked both Christie and Lt. Gov. Kim Guadagno "for all of their assistance and guidance to this point."

The facility would be built across Strykers Road from the proposed site of a controversial asphalt plant. Steinhardt said Bank of America is aware of that project.

The mayor said the Bank of America project could be transformative for the municipality and region.

“Lopatcong Township is currently assessed at $880 million, which means this project will have the effect of doubling the town’s value and cut the township’s tax rate by more than half,” Steinhardt said. “It will be an economic game-changer for Lopatcong and the region forever.”

Bank of America had plans last year to purchase 200 acres in Pennsylvania, at Center Valley Golf Club in Upper Saucon Township. An Upper Saucon Township official previously said the company contacted the township seeking information on the land, but no deal was finalized.

“A corporate center like this is a great opportunity for Warren County,” Sarnoski said Thursday. “We lost quite a bit of ratables recently, and bringing in a large ratable will help taxpayers and brings jobs to the county that we desperately need.”

The proposal includes building two roughly 455,000-square-foot buildings in an 8- to 10-year build-out and constructing a multimillion dollar high-speed, high-capacity fiber optic cable network, Steinhardt said.